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Andre_Cardoso
Nov 17, 2015 10:42 AM

161% extension @ monthly support // IF=THEN ® Short

Australian Dollar/U.S. DollarFXCM

Description

FX:AUDUSD

Within a nice descendent wedge, the price still inside;
Eventual Bearish Gartley pattern pointing above daily resistance D1;
Daily trend line below H4 support acting as it should, as support, but at the same time we have a possible 161% extension pointing nails @monthly support MN1.

I'm bearish with this pair, let's see if the price breaks the wedge, or stay inside of it and keep moving down.


Safe trades;
open.spotify.com/track/7ykELABp3I5AgttwwM0U5l
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